$200 million-budgeted
Pixar Lays Off Nearly 200 Staffers
Pixar Animation Studios has been hit with another round of layoffs, as 175 employees were recently let go.
Amazon
Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce.
Business
Tesla to lay off more than 10% of staff globally as sales fall
Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
Americans
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
auditors
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Airbus
Insight: How production pressures plunged Boeing into yet another crisis
Snags have triggered soul-searching about quality controls and plunged Boeing into its second safety crisis in five years.
borrowing costs
US weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
employees
Snap Cutting 10% Of Global Workforce
The Social media company Snap has announced another round of layoffs amid financial struggles lately.
Amazon
iRobot Cutting 31% Of Workforce After Amazon Deal Falls Through
Roomba-maker iRobot has announced that the planned deal to be acquired by Amazon will not be completed, resulting in the company announcing they will be laying off 31% of its workforce.